Archive · 23 Jul 2026
Adani Power Receives Positive Ratings Post Q1 Results
Adani Power Ltd has received positive ratings from several global brokerages after reporting strong financial results for the June quarter.
The company's stock has been recommended with targets ranging from Rs 220 to Rs 275, indicating potential upside.
Adani Power reported a 47.2% year-on-year rise in consolidated profit after tax, driven by increased power sales and improved tariff realization.
The company also made significant acquisitions, including a power plant and stakes in other power generation companies.
The CEO highlighted the company's progress towards expanding its portfolio to 45GW.
Adani Power received 'Overweight' or 'Outperform' ratings from Morgan Stanley, Cantor Fitzgerald, and Bernstein.
Consensus target price is Rs 247.67, suggesting a 14.2% upside from the current stock price.
Q1 profit rose 47.2% year-on-year to Rs 4,867 crore.
Consolidated revenue grew 26.6% to Rs 17,936 crore.
Power sales volume increased 16.9% to 28.8 BU.
- Who
- Adani Power Ltd
- What
- Received positive ratings and reported strong Q1 results
- When
- June quarter
- Where
- India
- Why
- Strong financial performance and strategic acquisitions
Optimistic Analysts
Cautious Analysts
Stock Targets
Optimistic Analysts
Morgan Stanley and Cantor Fitzgerald set targets of Rs 275 and Rs 266 respectively, indicating significant upside potential.
Cautious Analysts
Bernstein has the lowest target at Rs 220, suggesting a more cautious outlook.
- Consensus Target
- Rs 247.67
- Current Stock Price
- Rs 219.95
- Q1 Profit
- Rs 4,867 crore
- Revenue Growth
- 26.6%
- Power Sales Growth
- 16.9%
- Ebitda Growth
- 21.6%
- Acquisition
- 180 MW Churk power plant and stakes in Jaiprakash Power Ventures and Prayagraj Power Generation Company